323 5th Ave, Brooklyn, NY 11215

This income producing property features an impeccably maintained three bedroom, two and a half bath duplex with large outdoor terrace and new mechanicals over a street level commercial space. The building is perfect for an investor or owner seeking substantial income. An owner/user would receive in excess of $105,000 in annual rent from the downstairs commercial space and an investor would see net income greater than $150,000 and a CAP rate of 5.6%. This is an opportunity that you can't pass up. 5th Avenue in Park Slope is Brooklyn's premier entertainment, restaurant & shopping destination and 323 5th Avenue is in the middle of it all. The property is directly across the street from the historic Old Stone House with a children's playground and splash park, weekend concerts, famer's market, softball and soccer fields, basketball courts, handball courts and the neighborhood's only dog run. Blocks from Prospect Park and neighborhood schools, Park Slope is truly Brooklyns gold coast. Located near the R, F, G, 2 and 3 subway lines, commuting to Manhattan is a half hour away. Email or call for the complete offering memorandum detailing income and expenses and to arrange a private showing.